To qualify for S corporation status, the corporation must meet the following requirements: 1  Be a domestic corporation. 2  Have only allowable shareholders May be individuals, certain trusts, and estates and. May not be partnerships, corporations or non-resident alien shareholders. 3  Have no more than 100 shareholders.  Have only one class of stock.
Honor cords in shades of silver or grey are most often awarded to students graduating with degrees in medical science, such as: chiropractic, speech, oratory, and veterinary science.
Tassels are available in different colors, depending on the type of degree conferred. Master's hoods will show colors to indicate the area of study. The color designations for tassels and/or hoods are listed below. Black Tassels--Bachelor of Arts, Bachelor of Fine Arts, all Master's degrees.